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Broadridge
BR

$201.84
0.52%
 

About: Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.

Employees: 14,700

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
0
News positive %
of 12 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 78

12% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 318

2% more funds holding

Funds holding: 898 [Q4 2023] → 912 (+14) [Q1 2024]

0.64% less ownership

Funds ownership: 89.77% [Q4 2023] → 89.12% (-0.64%) [Q1 2024]

1% less capital invested

Capital invested by funds: $21.6B [Q4 2023] → $21.4B (-$210M) [Q1 2024]

27% less funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 8 (-3) [Q1 2024]

55% less call options, than puts

Call options by funds: $13.5M | Put options by funds: $30.2M

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$185
8%
downside
Avg. target
$211
4%
upside
High target
$239
18%
upside

5 analyst ratings

positive
60%
neutral
40%
negative
0%
DA Davidson
Peter Heckmann
8%downside
$185
Neutral
Reiterated
11 Jun 2024
DA Davidson
Peter Heckmann
8%downside
$185
Neutral
Maintained
10 Apr 2024
Evercore ISI Group
David Togut
14%upside
$230
Outperform
Maintained
26 Mar 2024
RBC Capital
Daniel Perlin
18%upside
$239
Outperform
Maintained
2 Feb 2024
Raymond James
Patrick O'Shaughnessy
6%upside
$214
Outperform
Maintained
2 Feb 2024

Financial journalist opinion

Based on 12 articles about BR published over the past 30 days